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Anand Jain Reliance

Meet Mukesh Ambani brother who joined Reliance instead of Anil Ambani after leaving his own company; his son currently possesses Rs 650000000000.

Anand Jain is considered to be Mukesh Ambani brother, even though Anil Ambani is most often known as his brother.

Currently holding the title of richest man in India, Mukesh Ambani has a net worth of about Rs 966634 crore. With a market valuation of Rs 1983000 crore, Reliance Industries is the most valuable company in India, of which he is the chairman. For a considerable amount of time, Mukesh Ambani has been one of the most prominent figures in the corporate world. The billionaire had the support of his family and close friends, such as Nita, Isha, Akash, Anant, and others, to achieve these heights.

Anand Jain is one of the few close friends who supported Mukesh Ambani through good times and bad. Anand Jain is considered to be Mukesh Ambani’s second brother, even though Anil Ambani is most often known as his brother. Their friendship dates back several decades, having begun in their school days.

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Mukesh Ambani and Anand Jain studied together at Mumbai’s Hill Grange High School and when Mukesh Ambani returned from Stanford University in 1918, Anand Jain left his businesses in Delhi to join Reliance Industries. Anand Jain has worked closely with Mukesh Ambani’s late father Dhirubhai Ambani too.

Anand Jain is Reliance chairman Mukesh Ambani’s key advisor and the billionaire businessman consults him on all critical issues. According to the Economic Times, Anand Jain first gained prominence in RIL in the mid-1980s, when he succeeded in crushing the bear cartel led by Manu Manek, who was once the ‘kingpin’ of the Bombay Stock Exchange. Anand Jain has been a close associate of Mukesh Ambani for over 25 years. He served as the vice-chairman of Reliance Capital and also on the Reliance group company Indian Petro Chemicals Ltd. (IPCL). 

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Anand Jain was once a billionaire and was at 11th rank on Forbes India’s 40 Richest list in 2007. It is to be noted that Anand Jain does not take any money as salary from Reliance Industries but it is said that he is the brain behind all related to Mukesh Ambani’s real estate investments.

Anand Jain’s son Harsh Jain is a young entrepreneur and the co-founder of a Rs 65,000 crore brand that every cricket fan must be aware of. Among the few richest young billionaires, Harsh Jain is one of the founders of the fantasy sports platform Dream 11, which is the first Indian fantasy sports company to become a unicorn.